President Donald Trump on Wednesday said a potential deal to spin off the U.S. assets of TikTok is still "on the table" days after it was put on hold.

The White House’s effort to force a divestiture of TikTok’s US operations has reportedly collapsed, at least for now, after Beijing refused to approve a proposed deal. The abrupt reversal results from a tariff-for-tariff standoff between Beijing and Washington,

TikTok's deadline to sell the app's US operations is looming, and the app that is used by one-third of Americans could be banned.